Weitere Artikel dieser Ausgabe durch Wischen aufrufen
This study examines whether religious belief influences an entrepreneur’s political involvement and further explores the moderating role of corporate philanthropy. Using the data from the 2008 national survey of Chinese family firms, my study provides strong evidence to show that the likelihood of political involvement is significantly higher for entrepreneurs with religious beliefs than for their counterparts, suggesting that religious entrepreneurs in Chinese family firms are more likely to participate in political affairs. This finding echoes the view that religious believers acquire civic skills through their associational memberships or experience in involving religious activities. In addition, corporate philanthropy attenuates the positive association between religious belief and political involvement. The above findings are robust to a variety of sensitivity tests and are still valid after controlling for the potential endogeneity between political involvement and religious belief.
Bitte loggen Sie sich ein, um Zugang zu diesem Inhalt zu erhalten
Sie möchten Zugang zu diesem Inhalt erhalten? Dann informieren Sie sich jetzt über unsere Produkte:
Adhikari, A., Derashid, C., & Zhang, H. (2006). Public policy, political connections, and effective tax rates: Evidence from Malaysia. Journal of Accounting and Public Policy, 25(5), 574–595. CrossRef
Ammerman, N. T. (1997). Organized religion in a voluntaristic society. Sociology of Religion, 58(3), 203–215. CrossRef
Anderson, A. R., Li, J. H., Harrison, R. T., & Robson, P. J. (2003). The increasing role of small business in the Chinese economy. Journal of Small Business Management, 41(3), 310–316. CrossRef
Ayubi, N. (2003). Political Islam: Religion and politics in the Arab world. New York: Rutledge Press.
Campbell, D. E. (2004). Acts of faith: Churches and political engagement. Political Behavior, 26(2), 155–180. CrossRef
Campbell, D., Moore, G., & Metzger, M. (2002). Corporate philanthropy in the U.K 1985–2000: Some empirical findings. Journal of Business Ethics, 39(1), 29–41. CrossRef
Campbell, A., Converse, P. E., Miller, W. E., & Stokes, D. E. (1960). The American voter. Chicago: University of Chicago Press.
Chaney, P. K., Faccio, M. & Parsley. D. (2009). The quality of accounting information in politically connected firms. Working paper, available at: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=966379, Retrieved 10 Aug, 2014.
Chen, D., Hu, X., Liang, S., & Xin, F. (2013). Religion tradition and corporate governance. Economic Research Journal (in Chinese), 59(10), 71–84.
Claessens, S., Feijen, E., & Laeven, L. (2008). Political connections and preferential access to finance: The role of campaign contributions. Journal of Financial Economics, 88(3), 554–580. CrossRef
Dehejia, R. H., & Wahba, S. (2002). Propensity score-matching methods for non-experimental causal studies. Review of Economics and Statistics, 84(1), 151–161. CrossRef
Diaz, W. (1996). Latino Participation in America: Associational and political roles. Hispanic Journal of Behavioral Science, 18, 154–174. CrossRef
Ding, Y. D., Zhang, H., & Zhang, J. (2008). The financial and operating performance of Chinese family-owned listed firms. Management International Review, 48(3), 297–318. CrossRef
Djupe, P. A., & Gilbert, C. P. (2008). The political influence of churches. Cambridge: Cambridge University Press. CrossRef
Djupe, P. A., & Grant, J. T. (2001). Religious institutions and political participation in America. Journal for the Scientific Study of Religion, 40(2), 303–314. CrossRef
Du, X. (2013). Does religion matter to owner-manager agency costs? Evidence from China. Journal of Business Ethics, 118(2), 319–347. CrossRef
Du, X. (2014a). Does religion mitigate tunneling? Evidence from China. Journal of Business Ethics, 125(2), 299–327. CrossRef
Du, X. (2014b). Is corporate philanthropy used as environmental misconduct dressing? Evidence from Chinese family-owned Firms. Journal of Business Ethics. DOI: 10.1007/s10551-014-2163-2.
Du, X., Jian, W., Du, Y., Feng, W., & Zeng, Q. (2014a). Religion, the nature of ultimate owner, and corporate philanthropic giving: Evidence from China. Journal of Business Ethics, 123(2), 235–256. CrossRef
Du, X., Jian, W., Zeng, Q., & Du, Y. (2014b). Corporate environmental responsibility in polluting industries: Does religion matter? Journal of Business Ethics, 124(3), 485–507.
Du, X., Jian, W., Lai, S., Du, Y., & Pei, H. (2014c). Does religion mitigate earnings management? Evidence from China. Journal of Business Ethics. doi: 10.1007/s10551-014-2290-9.
Dyreng, S. D., Mayew, W. J., & Williams, C. D. (2012). Religious social norms and corporate financial reporting. Journal of Business Finance & Accounting, 39(7–8), 845–875. CrossRef
El Ghoul, S., Guedhami, O., Ni, Y., Pittman, J., & Saadi, S. (2012). Does religion matter to equity pricing? Journal of Business Ethics, 111(4), 491–518. CrossRef
Faccio, M., Masulis, R. W., & McConnell, J. J. (2006). Political connections and corporate bailouts. Journal of Finance, 61(6), 2597–2635. CrossRef
Fan, G., Wang, X., & Zhu, H. (2011). The report on the relative process of marketization of each region in China (pp. 259–288). Beijing: The Economics Science Press. (in Chinese).
Fan, J. P. H., Wong, T. J., & Zhang, T. (2007). Politically-connected CEOs, corporate governance, and post-IPO performance of China’s newly partially privatized firms. Journal of Financial Economics, 84, 330–357. CrossRef
Gao, Y., Chen, Y., & Zhang, Y. (2012). Red scarf or blue scarf? An investigation of the philanthropic motive of family-owned firms. Management World (in Chinese), 28(8), 106–114.
Gao, Y., & Hafsi, T. (2014). Government Intervention, Peers’ Giving and Corporate Philanthropy: Evidence from Chinese Private SMEs. Journal of Business Ethics,. doi: 10.1007/s10551-014-2329-y.
Gerber, A., Gruber, J., & Hungerman, D. M. (2008). Does church attendance cause people to vote? Using Blue Law’s repeal to estimate the effect of religiosity on voter turnout. NEBR, Working paper.
Gilbert, C. P. (1993). The impact of churches on political behavior: An empirical study. Westport, CN: Greenwood Press.
Greenberg, A. (2000). The church and the revitalization of politics and community. Political Science Quarterly., 115(3), 377–394. CrossRef
Gu, H., Ryan, C., Li, B., & Gao, W. (2013). Political connections, guanxi and adoption of CSR policies in the Chinese hotel industry: Is there a link? Tourism Management, 34, 231–235. CrossRef
Harris, F. C. (1994). Something within: Religion as a mobilizer of African-American political activism. The Journal of Politics, 56(01), 42–68. CrossRef
Harris, F. C. (1999). Something within: Religion in African-American political activism. New York: Oxford University Press.
Hilary, G., & Hui, K. W. (2009). Does religion matter in corporate decision making in America? Journal of Financial Economics, 93, 455–473. CrossRef
Hougland, J. G, Jr, & Christenson, J. A. (1983). Religion and politics: the relationship of religious participation to political efficacy and involvement. Sociology and Social Research Los Angeles, Cal., 67(4), 405–420.
Huckfeldt, R., Plutzer, E., & Sprague, J. (1993). Alternative contexts of political behavior: Churches, neighborhoods, and individuals. The Journal of Politics, 55(02), 365–381. CrossRef
Ifeng. (2014). President Xi Jinping met Master Hsing Yun. Retrieved October 31, 2014. from http://news.ifeng.com/taiwan/3/detail_2014_02/19/33971288_0.shtml.
Jamal, A. (2005). The political participation and engagement of Muslim Americans Mosque involvement and group consciousness. American Politics Research, 33(4), 521–544. CrossRef
Jiang, F., Jiang Z., Kim, K. A., & Zhang, M. (2013). Family-firm risk-taking: Does religion matter? Working paper, Retrieved 10 Aug 2013. http://www.lingnan.sysu.edu.cn.
Jones-Correa, M. A., & Leal, D. L. (2001). Political participation: Does religion matter? Political Research Quarterly, 54(4), 751–770. CrossRef
Khwaja, A. I., & Mian, A. (2005). Do lenders favor politically connected firms? Rent provision in an emerging financial market. Quarterly Journal of Economics, 120(4), 1371–1411. CrossRef
Laitin, D. D. (1978). Religion, political culture, and the Weberian tradition. World Politics, 30(04), 563–592. CrossRef
McGregor, R. (2004, August 26). Survey Confirms China’s Reliance on Private Companies to Fuel Growth, Financial Times.
McGuire, S. T., Omer, T. C., & Sharp, N. Y. (2012). The impact of religion on financial reporting irregularities. The Accounting Review, 87(2), 645–673. CrossRef
Milbrath, L. W. (1965). Political participation: How and why do people get involved in politics?. Chicago: Rand McNally.
Miller, A. H., Gurin, P., Gurin, G., & Malanchuk, O. (1981). Group consciousness and political participation. American Journal of Political Science, 25(3), 494–511. CrossRef
Nie, N. H., Powell, G. B., & Previtt, K. C. (1969). Social structure and political participation: Developmental relationship (Part I). The American Political Science Review, 63(2), 361–378. CrossRef
Petersen, M. A. (2009). Estimating standard errors in finance panel data sets: Comparing approaches. Review of Financial Studies, 22(1), 435–480.
Phiri, I. (2001). Proclaiming political pluralism: Churches and political transitions in Africa. California: Greenwood Publishing Group.
Putman, R. (1993a). Making democracy work: Civic traditions in modern Italy. Princeton, NJ: Princeton University Press.
Putman, R. (1993b). The prosperous community: Social capital and public life. The American Prospect, 13, 35–42.
Scheufele, D. A., Nisbet, M. C., & Brossard, D. (2003). Pathways to political participation? Religion, communication contexts, and mass media. International Journal of Public Opinion Research, 15(3), 300–324. CrossRef
Seifert, B., Morris, S. A., & Bartkus, B. R. (2003). Comparing big givers and small givers: financial correlates of corporate philanthropy. Journal of Business Ethics, 45(3), 195–211. CrossRef
Shi, T. (1997). Political participation in Beijing. Cambridge: Harvard University Press.
Smidt, C. (1999). Religion and civic engagement: A comparative analysis. The Annals of the American Academy of Political and Social Science, 565(1), 176–192. CrossRef
Su, J., & He, J. (2010). Does giving lead to getting? Evidence from Chinese private enterprises. Journal of Business Ethics, 93(1), 73–90. CrossRef
Sun, Y. (2007). An investigation on the spirit life of contemporary Chinese people. Reference Data on Social Sciences Research (in Chinese)., 27(7–8), 38–45.
The Center on Religion and Chinese Society at Purdue University (CRCSPU). (2007). Chinese Spirit Life Survey (CSLS), Retrieved November 2, 2014, from http://www.purdue.edu/crcs.
Tian, Z., Gao, H., & Cone, M. (2008). A study of the ethical issues of private entrepreneurs participating in politics in China. Journal of Business Ethics, 80, 627–642. CrossRef
Townsend, J. R. (1967). Political participation in communist China. California: University of California Press.
Uhlaner, C. J., Cain, B. E., & Kiewiet, D. R. (1989). Political participation of ethnic minority in the 1980s. Political Behavior, 11(3), 195–231. CrossRef
Verba, S., & Nie, N. H. (1972). Participation in America. New York: Harper & Row Press.
Verba, S., Nie, N. H., & Kim, J. (1978). Participation and political equality: A seven nations comparison. Chicago: University of Chicago Press.
Verba, S., Schlozman, K. L., & Brady, H. E. (1995). Voice and equality: Civic voluntarism in American politics (Vol. 4). Cambridge, MA: Harvard University Press.
Wald, K. D., Owen, D. E., & Hill, S. S. (1988). Churches as political communities. American Political Science Review, 82(02), 531–548. CrossRef
Wald, K. D., Silverman, A. L., & Fridy, K. S. (2005). Making sense of religion in political life. Annual Review of Political Sciences, 8, 121–143. CrossRef
Wang, J., & Coffey, B. S. (1992). Board composition and corporate philanthropy’. Journal of Business Ethics, 11(10), 771–778. CrossRef
Wickham, C. R. (2002). Mobilizing Islam: Religion, activism and political change in Egypt. New York: Columbia University Press.
Williamson, O. E. (2000). The new institutional economics: Taking stock, looking ahead. Journal of Economic Literature, 38, 595–613. CrossRef
Wong, J. S., Lien, P. T., & Gonway, M. M. (2005). Group-based resource and political participation among Asian Americans. American Politics Research., 33(4), 545–576. CrossRef
Wooldridge, J. M. (2009). Introductory econometrics: A modern approach (4th ed.). California, OH: South- Western Co.
Zhang, Y. (2014). Pope was allowed to fly over China’s airspace. Retrieved November 6, 2014, from http://world.huanqiu.com/exclusive/2014-08/5105192.html.
Zhang, R., Zhu, J., Yue, H., & Zhu, C. (2010). Corporate philanthropic giving, advertising intensity, and industry competition level. Journal of Business Ethics, 94(1), 39–52. CrossRef
Zhou, W. (2013). Political connections and entrepreneurial investment: Evidence from China’s transition economy. Journal of Business Venturing, 28(2), 200–315. CrossRef
- Religious Belief, Corporate Philanthropy, and Political Involvement of Entrepreneurs in Chinese Family Firms
- Springer Netherlands
Neuer Inhalt/© Stellmach, Neuer Inhalt/© BBL, Neuer Inhalt/© Maturus, Pluta Logo/© Pluta, Neuer Inhalt/© hww, Voraussetzungen für wirtschaftliche additive Fertigung/© Marco2811 | Fotolia